Trump Threatens Iran and Houthis with 'Major Military Punishment' After Tanker Attacks

Yemen's Houthi rebels struck Saudi oil tankers in the Red Sea, pushing Brent crude above $100 a barrel and raising fears of a widening regional conflict. President Trump threatened Iran and the Houthis with "major military punishment" in response. The escalation is fuelling global economic concerns as both the US and Iran signal readiness to intensify hostilities.